Rare opportunity in the heart of South Beach! Bright and spacious 1 bedroom with den, assigned parking, in-unit washer & dryer, and a full kitchen — a major advantage compared to many South Beach studios with only kitchenettes. Functional layout with flexible den space ideal for a home office or guest area. Just blocks from Lincoln Road, Española Way, Flamingo Park, and only minutes from the beach. Enjoy being surrounded by top restaurants, cafés, shopping, nightlife, and everything that makes Miami Beach living unique. Excellent investor opportunity with tenant in place through June 2027 paying $2000/month, providing immediate rental income and an estimated 4,5% Unfurnished. ROI. Same owner also offers Unit #9, a studio + den residence featuring assigned parking and in-unit washer .Excellent opportunity for investors seeking multiple units in the same South Beach building.
Property Details
Price:
$250,000
MLS #:
A12027093
Status:
Active
Beds:
1
Baths:
1
Address:
1231 Pennsylvania Ave # 8
Type:
Condo
Subtype:
Condominium
Subdivision:
1231 PENN INC CONDO
Neighborhood:
1231penninccondo
City:
Miami Beach
Listed Date:
May 16, 2026
State:
FL
Finished Sq Ft:
675
Total Sq Ft:
675
ZIP:
33139
Year Built:
1965
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Schools
Elementary School:
Feinberg-Fisher K8
Middle School:
Nautilus
High School:
Miami Beach
Interior
Appliances
Microwave, Gas Range, Refrigerator
Bathrooms
1 Full Bathroom
Cooling
Electric
Flooring
Wood
Heating
Other
Exterior
Association Amenities
None
Construction Materials
Concrete Block Construction
Exterior Features
None, Open Balcony
Parking Features
1 Space
Security Features
No Security
Financial
HOA Fee
$768
HOA Frequency
Monthly
Tax Year
2025
Taxes
$3,712
Map
Community
- Address1231 Pennsylvania Ave # 8 Miami Beach FL
- Subdivision1231 PENN INC CONDO
- CityMiami Beach
- CountyMiami-Dade County
- Zip Code33139
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1231 Pennsylvania Ave # 8
Miami Beach, FL
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